Measuring Instrument Market

Measuring instrument market: enjoy the most recent information empowered by an Ai-driven BI platform. Info include exports, imports, market size, market prices, trade, consumption, production, and companies. Here is a split by region, including Africa, the U.S., EU, the Middle East, Latin America, China, Russia, and the U.K. Market dynamics and outlook to 2030 are also provided in the snapshots.

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Measuring Instrument - World's Largest Markets

In value terms, China, Mexico and Japan appeared to be the countries with the highest levels of market value in 2020, together comprising 46% of the global market. These countries were followed by Germany, the United States, Russia, the UK, Italy, Brazil and Paraguay, which together accounted for a further 13%.

In terms of the main consuming countries, Italy recorded the highest growth rate of market size, over the period under review, while measuring instrument market for the other global leaders experienced more modest paces of growth.

Measuring Instrument Prices

Measuring Instrument - Top Importers

In value terms, the largest measuring instrument importing markets worldwide were the United States ($741M), China ($487M) and Germany ($432M), with a combined 31% share of global imports. France, the UK, Italy, Poland, Turkey, Romania, the Czech Republic, Hong Kong SAR, Paraguay and El Salvador lagged somewhat behind, together accounting for a further 16%.

Romania recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Measuring Instrument - Top Exporters

In value terms, Germany ($1.1B) remains the largest measuring instrument supplier worldwide, comprising 21% of global exports. The second position in the ranking was occupied by France ($387M), with a 7.2% share of global exports. It was followed by China, with a 6.5% share.

In Germany, measuring instrument exports declined by an average annual rate of -5.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: France (+0.6% per year) and China (-8.4% per year).

Measuring Instrument - Market Forecast

Driven by increasing demand for measuring instrument worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Measuring Instrument - Top Companies

Siemens AG, Emerson Electric Co., OMRON CORPORATION, Fortive Corporation, Eeco, Inc., Tsb Nuclear Energy USA Group Inc., Roper Technologies, Inc., YOKOGAWA ELECTRIC CORPORATION, AZBIL CORPORATION, Mks Instruments, Inc., Harbour Group Ltd., Robertshaw Controls Company, OMNIVISION TECHNOLOGIES SINGAPORE PTE. LTD., Mueller Group, LLC, Framatome Inc., Rosemount Inc., EMERSON PROCESS MANAGEMENT ASIA PACIFIC PRIVATE LIMITED, Mueller Co. LLC, Thermo King Corporation, Cognex Corporation

Measuring Instrument - Product Coverage

• HS 902610 - Instruments and apparatus; for measuring or checking the flow or level of liquids